Apologize for the lack of posts - been very busy with other things lately. Still involved with the market however.
We've been rallying on no news/bad news, which is always a good sign. As mentioned before, the low set by the bear stearns incident and the ensuing rally was a signal for a possible bottom. We also had a couple of huge follow through up days, which is also bullish. Pullbacks have been on low volume. Overall it's "safe"r again to be on the long side in the near term.
We are seeing some major divergence between goog and bidu again, and as earnings approach, i'm becoming more and more convinced we may see share price parity between the two within a couple of months.
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